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$257,891

1616 W Elm Street, Denison, TX, 75020

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.62 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Concrete, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,501 sqft

Building Information

Year Built1941
Garage Spaces2

Land Information

APND009 3216029
Lot Number5
SubdivisionTones H 2nd Addn
Land UseResidential
Legal DescriptionTONES H 2ND ADDN, BLOCK 6, LOT 5
Census Tract000400
Assessed Land Value$43,125
Assessed Improvement Value$214,766
Assessment Year2025

About this property

Beautiful Completely Renovated Craftsman style home in West Denison! This spacious home has Hardwood Floors, New Kitchen Cabinets, Granite Countertops, Stainless Appliances including Gas Range with Convection Oven. Separate Utility Room. 3 BDR's 2 BTHS in the main house and Separate Guest Quarters with BDR 1 BTH would make a perfect Mother in Law or Teenage Refuge or possibly a Cool Game Room! Lots of Possibilities with this one. New Siding, New Roof, New Paint and Light Fixtures throughout! All New Bathroom Vanities, Showers with Frameless Glass Doors. Too many updates to mention! This one is a must see!

Investor Tools

Property Icon
$257,891
Estimated Property Value
$0Estimated Mortgage Balance
$110,056Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,547 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,136
$257,891
2025
$43,125
$214,766
$257,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,136
$257,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerihome Mortgage Company Llc
Conventional
$162,818
No
First
Jul 14, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,835
$110,056
42%
57%
$977/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denison

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1616 W Elm Street | Property Details | No Agent List